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Does Fonterra know what is going on with San Lu?

26/09/2008

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Scoopit!

CNBC here in Singapore tips Beijing Sanyuan Foods, a dairy company not implicated in the toxic milk scandal, as the likely company to acquire San Lu.

Some inference deal ‘brokered’ by the authorities to amongst other things save 30,000 jobs at San Lu.

Beijing Sanyuan shares suspended pending an announcement.

Has Fonterra been involved in the discussions?

Does Fonterra and/or the NZ Government know what is going on here?

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  1. Sanlu to be sold? « Homepaddock

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